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Red
Posts

Time to Bounce…
I'm expecting a bounce now for a few days... maybe into Monday? We hit the target of 1040-1050 area as I expected. Since there is...

Almost ready for a bounce…
Today was a flat consolidation day as expected. I'm still looking for the 1040-1050 area to be hit before any decent bounce back up. That...

That’s What I Call a Good “Bitch Slap”…
Well, it looks like the bulls finally got "bitch slapped"... It's about time! Over 242 millions shares traded on the spy today... and that means...

Weekend Update…
That sure was a nice start... Let's hope that it continues, (unless you're a bull of course). Just an update... I sold my short positions...

Let’s flip a coin…
Tomorrow is a tough call to make. On one hand, the market did retrace back up as I expected... but it did it on horrible...

Big Volume equals a Down Day…
Looks like the market hit close enough to the 110.34 SPY mark, as it quickly reversed at 110.31. I went short today and sure enough...

Big Volume in the Dollar?
The UUP had some big volume on the buy side today. That's telling me that some big players think the dollar is around a significant...

Waiting on the sidelines…
Not much to add today. Volume was light at 159 million on the spy. Of course the market rallied on the light volume. We are...

Weekend Update…
I'm still looking for the market to go to 1108 spx before any significant correction down. I believe it will be reached next week by...

Taking a breather…
The markets are just taking a breather, before one more up swing to 1108 next week. Be ready, as once that level is hit you...